When one of the founders of your company is known as the father of American insurance, it's probably a good idea to follow his advice—even if the advice is more than 260 years old.
We're talking about Benjamin Franklin and one of his famous thoughts is: "An ounce of prevention is worth a pound of cure. "
The Philadelphia Contributionship, which Franklin helped found in 1752, is listening to that advice by initiating a disaster recovery and business continuity plan to keep the property insurer up and running in the event of a tragedy.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.